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causes deficient aggregate demand and thereby unemployment in the presence of nominal wage stickiness attributable to union … wage setting. In this long-run stagnation, generous unemployment benefits reduce unemployment. Moreover, paradoxically …, unemployment declines if labor unions give more weight to nominal wage gains compared with employment increases …
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monopolistically competitive firms and through them on unemployment, inflation and welfare? A related question is, how does the level … to minimize the combined costs of inflation and of unemployment, and a continuum of monopolistically competitive firms … classes of questions are investigated. First, what is the impact of exogenously given labor taxes and unemployment benefits on …
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increasing unemployment. A key question is which policies have this effect. Using a 3-year panel of 90 countries, the study finds … that the unemployment rate is affected by the existence, duration, and replacement rate of unemployment insurance. Hiring … unemployment. These results are broadly in line with the extensive literature on countries of the Organisation for Economic Co …
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Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …
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While much empirical research has been done on the labour market consequences of unemployment benefits, there is … against the possibility of unemployment and unemployment benefits increase the unemployment rate. We then conduct, what we … believe, is one of the first empirical analyses of the determinants of the parameters of the unemployment benefit system …
Persistent link: https://www.econbiz.de/10010515687
Unemployment benefits often reduce incentives to search for a job. Policymakers have responded to this behaviour by … setting minimum job search requirements, by monitoring to check that unemployment benefit recipients are engaged in the … search monitoring and benefit sanctions reduce unemployment duration and increase job entry in the short term. There is some …
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